Paycheck & Salary Calculator
Convert between hourly wage and annual salary.
Optional. Extra hours paid at the overtime multiplier.
1.5 is time-and-a-half; 2 is double-time.
Annual salary
- Weekly
- $1,000.00
- Biweekly
- $2,000.00
- Monthly
- $4,333.33
- Annual
- $52,000.00
Gross pay before taxes and deductions. Biweekly is every two weeks; semi-monthly pay would differ.
How the paycheck converter works
This tool moves between an hourly wage and an annual salary, and shows your gross pay at every common cadence: weekly, biweekly, monthly, and annual. Switch the direction at the top to go from an hourly rate to a salary, or from a salary back to an equivalent hourly rate.
Going from hourly to salary, the weekly gross is your hourly rate times your regular hours, plus any overtime hours paid at the overtime multiplier. The annual figure is that weekly gross times the number of paid weeks per year:
annual = (hourly * hoursPerWeek + hourly * otMultiplier * overtimeHours) * weeksPerYear
Every other cadence is derived from the annual figure so they always reconcile: weekly is annual divided by weeks per year, biweekly is two weeks of pay, and monthly is annual divided by twelve.
Going from salary to hourly, the rate is the annual amount spread across every hour you work in a year:
hourly = annual / (hoursPerWeek * weeksPerYear)
Both directions are pure rate arithmetic, so the result updates the instant you change an input, and the two directions invert each other: convert an hourly rate up to a salary and the salary back down, and you land on the same rate.
Worked example
Take 30 per hour, 40 hours a week, 52 weeks a year, with no overtime.
- Weekly gross:
30 * 40 = 1,200 - Annual:
1,200 * 52 = 62,400 - Biweekly: two weeks,
1,200 * 2 = 2,400 - Monthly:
62,400 / 12 = 5,200
So 30 an hour is a 62,400 salary, which is 5,200 a month or 2,400 every two weeks. Run it the other way, and 62,400 divided by 40 * 52 = 2,080 hours returns exactly 30 an hour.
Now add 5 overtime hours a week at a 1.5 multiplier (time-and-a-half). Each overtime hour pays 30 * 1.5 = 45, so five of them add 225 a week. The weekly gross becomes 1,425, and the annual total rises to 1,425 * 52 = 74,100. The overtime is worth 11,700 a year on top of the base salary.
How to use it
- Pick the direction: hourly to salary or salary to hourly.
- Enter your rate (hourly wage or annual salary) and your hours per week.
- Set weeks per year: 52 if you are paid year-round, fewer if you take unpaid time off.
- Optionally add overtime hours and an overtime multiplier to model extra paid hours.
- Read the weekly, biweekly, monthly, and annual figures, all in your chosen currency.
Limitations
These are gross figures and an estimate, not financial or tax advice. They do not subtract income tax, payroll tax, retirement contributions, insurance premiums, or any other deduction, all of which depend on where you live and your personal circumstances. The biweekly figure is every two weeks and is not the same as semi-monthly pay, and a calendar year occasionally holds a 27th biweekly cheque. Overtime rules, salaried-exempt status, and minimum-wage floors vary by jurisdiction, so confirm exact pay with your employer or a payroll professional before relying on a number.
Frequently asked questions
Is this gross pay or take-home pay?
It is gross pay, before any taxes, retirement contributions, health premiums, or other deductions. The figures show what you earn at your stated rate and schedule, not what lands in your bank account. To estimate take-home you would subtract income tax, payroll tax, and any benefits withheld, which vary by country, state, and personal situation.
What is the difference between biweekly and semi-monthly pay?
Biweekly means every two weeks, so 26 paychecks a year, and this calculator's biweekly figure is exactly two of its weekly figures. Semi-monthly means twice a month, so 24 paychecks a year, which is the annual salary divided by 24. They are close but not equal, and biweekly years occasionally contain a 27th cheque. This tool reports the biweekly figure.
How do I account for unpaid time off?
Lower the weeks per year. The default 52 assumes you are paid for every week, including vacation. If you take four unpaid weeks, enter 48; if you work a school year of 40 weeks, enter 40. Reducing the weeks lowers the annual total proportionally without changing your hourly rate.
How is overtime calculated?
Overtime hours are paid at your hourly rate times the multiplier you set, on top of your regular hours. With a 1.5 multiplier (time-and-a-half), five overtime hours at a 30 rate add 30 times 1.5 times 5, or 225, to each week. That weekly overtime is then carried through to the biweekly, monthly, and annual totals.
Why does monthly times twelve not exactly equal the annual figure?
The monthly figure is the annual amount divided by twelve and rounded to the nearest cent. When the annual amount does not divide evenly, that rounded monthly value multiplied back by twelve can land a few cents away from the annual total. The annual and weekly figures are the exact ones; treat monthly as the annual amount spread evenly across the year.